$CHUMP TA Update: After pushing toward $51M, CHUMP has pulled back and is now trading around $29.3M. This could be a cooking stage, with price trying to build a base before its next move. 🐔
The sharp wick toward $14M was bought back quickly, followed by a recovery toward $35M. The key now is whether buyers can defend this area and start reclaiming the levels above.
$28M–$30M: current base to defend
$30M–$32M: first reclaim
$34M–$36M: key breakout zone
$40M–$42M: next resistance if the breakout holds
$23M–$25M: next support if the base fails
Holding this base and flipping $35M–$36M into support would strengthen the case that CHUMP is cooking for another expansion. Lower highs are still present, so that reclaim is the confirmation to watch.
@AandCNews
Post #951578
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Forwarded from A&C News 🗞
